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Colombian Bonds, Stocks Rise As Trump-Backed “El Tigre” Defeats Socialist Rival

Colombian Bonds, Stocks Rise As Trump-Backed “El Tigre” Defeats Socialist Rival

Summary:

  • Colombian Bonds, Stocks Rise as Right-Wing, Trump-Backed Espriella Wins Vote
  • Trump-Backed “El Tigre” Wins Colombia Presidency As Socialist Era Ends

Colombian Assets Rise After Trump-Backed Candidate Wins Presidential Election 

Colombian-dollar bonds surged across the curve on Monday, led by notes due in 2054, as traders bet that right-wing Abelardo de la Espriella’s presidential win will cut taxes, reduce spending, crack down on crime, and reopen the oil industry to unleash an energy revolution.

According to Bloomberg data, bonds due in 2054 led the advance, up 0.8 cent to 116.9 cents on the dollar.

Colombian 2036 dollar bonds are rising. Peso jumped 1.5%.  

Colombia’s version of the S&P 500, COLCAP, jumped 4% on Monday, with energy stocks leading, up 7.2%. 

Credicorp said Colombian stocks could rise 5% following the election and as much as 20% over the longer term, while local yields could slide by 150-200 bps in the months ahead.

BTG Pactual analyst Munir Jalil penned a note earlier today that outlined De la Espriella’s win as “directionally constructive given the market-friendly platform on security, taxes, investment, and hydrocarbons.”

“However, the near-term asset rally may be more contained than after the first round, as part of the outcome was already priced and the external backdrop is less supportive,” Jalil said, adding, “We expect the COP and TES to react positively at first. Still, the move’s durability should depend on the cabinet, the transition, fiscal signals, and the ability to build a stable congressional majority.”

De la Espriella’s government plan

JPMorgan analyst Diego Pereira said, “A one-point win is still a win, but one this thin reshapes both the mandate and the politics of delivery across fronts.”

Pereira’s view on Colombian markets:

Local markets:

We remain OW TES and long Sep-2030 TES, expecting the next leg of the rally to be driven by greater clarity on governability and fiscal consolidation plans. We stay MW COP and close the outright short COP vs BRL and MXN we had as a hedge for our position in bonds as the market settles after the open

Sovereign credit:

We reduce our OW weighting from 1.0 to 0.5 given potential tensions during the transition period from the revealed stark polarization.

Corporate Credit:

In the corporate space, we have expressed our view on Colombia’s elections through OW recommendations on the belly of Ecopetrol’s curve — the ’32s, ’33s, and ’36s — alongside an OW on Bancolombia’s 2034 notes

Equities:

With today’s official confirmation of Abelardo de la Espriella’s victory, we view the result as confirmation of a policy regime change, which should support a broader re-rating in Colombian equities. From an equity strategy perspective, Energy offers the clearest opportunity around this outcome, and Ecopetrol (Neutral, covered by Milene Carvalho) stands out as the most direct way to gain exposure.

De la Espriella’s win on Sunday night is part of a once-in-a-generation political shift across Latin America, a region ruled for years by nation-killing socialist regimes that have been voted out of office due to failed progressive policies sparking violent crime waves and economic turmoil. The rise of market-friendly, right-wing leaders has sparked rallies across the continent.

Amazing what happens when USAID gets defunded. 

Take Argentina, for instance, where assets have jumped under right-wing President Javier Milei as he pushes to reset the economy.

Trump-Backed “El Tigre” Wins Colombia Presidency As Socialist Era Ends

South America is undergoing a once-in-a-generation political realignment as voters turn against left-wing and unhinged socialist governments and embrace common-sense right-wing leaders who promise law and order, economic reform, and national renewal.

The political shift across the Americas gained further momentum on Sunday evening after Abelardo de la Espriella, backed by President Trump, won Colombia’s presidential runoff in a narrow victory over left-wing senator Iván Cepeda. This is a major blow to the socialists, coming after four years under the left-wing administration of Gustavo Petro.

With 99.65% of ballots counted in the preliminary tally, de la Espriella had 12.91 million votes, or 49.65%, compared with Cepeda’s 12.67 million, or 48.7%. The margin was about 248,000 votes, narrower than de la Espriella’s first-round advantage three weeks earlier.

Polymarket 

De la Espriella, who has referred to himself as El Tigre (the Tiger), has now put Colombia back on track to shift right after four years of disastrous socialism. This follows recent right-wing victories in Honduras and Chile, with Peru also leaning right. The 2024 re-election of right-wing Nayib Bukele, who fundamentally transformed El Salvador into one of the region’s safest countries, is another example.

In 2023, Javier Milei was sworn in as president of Argentina, aiming to reverse years of far-left control that had devastated the nation with inflation and debt. Earlier this year, U.S. Delta Force operators removed socialist Nicolás Maduro from power in Venezuela.

The shift across the Americas is part of a broader backlash against progressive policies that have sparked surging violent crime, economic stagnation, debt traps, currency declines, and collapsing public confidence.

Americas Political Map: Presidential Shift From Left To Right

Country-by-country presidential shift tracker

Back to De La Espriella, who ran on a simple platform popular among right-wing leaders in the Americas: restore law and order and rescue the country from the economic ruin progressives had created. He has also vowed to “disembowel” the left in Colombia.

Meanwhile, Petro, who was constitutionally barred from seeking re-election and backed Cepeda, alleged irregularities in the preliminary vote count and blamed Israel…

“This means that the software was compromised and others wrote data for polling stations and voting posts. The only entity in the world capable of doing that is the state of Israel,” Petro wrote on X.

The pattern is clear: the Western Hemisphere experimented with nation-killing progressive policies that have largely failed and have entered a rejection phase. This gives rise to right-wing governments that support Trump, coinciding with his mission to clean up the West, whether by dismantling narco-terrorist command-and-control structures, pushing Chinese influence out of the region, or simply stopping the rise of socialism and communism.

Tyler Durden
Mon, 06/22/2026 – 09:15

Getty Images Soars After Securing “Display Agreement” With OpenAI

Getty Images Soars After Securing “Display Agreement” With OpenAI

Getty Images shares jumped 141% in New York premarket trading after the company announced a “display agreement” with OpenAI.

The timing could not have been better for Getty, whose stock had been languishing this year, down roughly 55% before the announcement.

For a company in need of a sentiment boost, the new partnership with OpenAI, which allows Getty content to be displayed in ChatGPT visual responses and gives users richer, higher-quality, properly licensed imagery, is reviving investor sentiment.

About 17% of Getty’s float is short, with days to cover at around 4.6.

“The agreement enables the use of Getty Images’ content for display within ChatGPT, enhancing the richness of visual responses,” Getty wrote in a press release.

CEO Craig Peters stated, “High-quality, licensed visual content makes AI-powered search and discovery more useful and more trustworthy. This partnership with OpenAI reflects a shared recognition of that, and together we will deliver richer visual experiences to ChatGPT users.”

Bloomberg noted, “Initially, Getty resisted the technology. It tried developing its own AI image generator and had sued Stability AI, a developer of another popular tool.”

Getty’s earnings in the first quarter fell short of sales expectations. The media company is still awaiting approval to acquire rival Shutterstock for $3.7 billion.

OpenAI has built a growing list of media and content deals, mostly around licensed content appearing in ChatGPT answers:

The OpenAI-Getty deal likely suggests that Sam Altman’s chatbot company is trying to replace scraping/legal fights with paid licensing, attribution, and direct publisher integration.

Tyler Durden
Mon, 06/22/2026 – 08:40

Is The AI Spending Boom Creating A Depreciation Time Bomb?

Is The AI Spending Boom Creating A Depreciation Time Bomb?

Via City AM,

  • Big Tech’s AI spending has exploded, with Google, Microsoft, Amazon, and Meta collectively investing hundreds of billions of dollars in infrastructure.

  • Rapid technological change may shorten the economic life of AI servers and GPUs, increasing depreciation and replacement costs.

  • The long-term profitability of AI will depend not only on demand growth but also on whether companies can justify the enormous ongoing capital requirements.

The eye-watering capital expenditure plans of Big Tech has been one of the year’s biggest stories. 

Google, Meta, Amazon, and Microsoft have all splurged to secure a podium spot in the race to build out the infrastructure that will run the artificial intelligence (AI) revolution.

Total capex by these four firms is expected to reach $750bn (£560bn) this year, around half the annual spending of the entire UK government. It is much higher than this high-tech quartet has budgeted for before. And it is expected to be even higher next year.

Shareholders are on board with the plan, up to a point.

Since 2023, the average share price across the four firms has doubled. But that hasn’t kept pace with the average quarterly capex budgets, which have roughly quadrupled over the same period.

These trillion-dollar businesses can’t be too far away from hitting a ceiling on growing their computing power. 

Firstly, because of physical constraints – things like the supply of chips and the availability of power and water infrastructure – with the latter beginning to come under genuine constraint in some parts of the developed world.

Secondly, because of the sheer build cost, given that most AI projects are far from hitting profitability, and there isn’t enough cash flow elsewhere to fill the hole.

Alphabet, Google’s parent company, has raised $85bn on its own in debt over the past year. It plans to raise another $80bn in equity over the coming months – an unprecedented fundraise and not something it can keep doing forever.

Getting older faster

Most of the focus has been on data centre build-out. But there is also another major factor, and one in danger of being overlooked: maintenance.

The cost of keeping AI running once the infrastructure is in place will be vital. 

Data centre servers tend to last in the region of three to six years before they have to be replaced.  Given the speed of innovation and intensity of compute needed for AI, you can expect that to skew towards the lower end of the range for the hyperscalers. 

The kit inside AI data centres accounts for as much as two-thirds of the build cost. Add replacement costs onto the capex projections over the next few years, and things start to look scarily expensive.

Annual depreciation of property and equipment across the four firms has almost doubled over the past two years to $116bn.  You can expect that to accelerate, given how much equipment has been added to their balance sheets over the past 18 months.

Last year, Amazon cut the expected useful life of its data centre assets from six years to five, a move which it said was “due to the increased pace of technology development, particularly in the area of artificial intelligence and machine learning.” 

So far, Meta, Microsoft, and Alphabet have yet to follow suit, sticking with six years, but it seems like only a matter of time before they capitulate and cut this back, pushing up depreciation costs even further.

Something has got to give – sooner or later. Or am I missing something?

Tyler Durden
Mon, 06/22/2026 – 06:30

Prime Minister Keir Starmer Resigns As UK Faces 7th Leader In A Decade

Prime Minister Keir Starmer Resigns As UK Faces 7th Leader In A Decade

The Keir Starmer experiment is officially over, as was growing increasingly clear over the weekend, especially with an interestingly-timed Trump Truth Social statement. Just under two years after capturing the keys to Number 10, the British Prime Minister has thrown in the towel after succumbing to an internal party mutiny following days of intense, closed-door speculation regarding his political survival.

Stepping up to the lectern outside Downing Street on Monday morning, a visibly defeated Starmer delivered the inevitable verdict to the press. “I will resign as leader of the Labour Party,” Starmer announced.

via BBC News

The Prime Minister confirmed he has instructed Labour’s National Executive Committee to draw up a swift succession timetable. Leadership nominations will officially open on July 9, with the entire process scheduled to wrap up before the summer recess.

British mediai says that the aggressive timeline ensures a new Prime Minister will be installed well before Parliament reconvenes in September.

Starmer’s abrupt (but not entirely ‘a surprise) exit comes after his center-left Labour Party made it clear they no longer believed he could deliver a future electoral victory. He practically admitted as much on the steps of Number 10.

“The question my party is asking now is whether I am best placed to lead us into the next general election,” Starmer confessed. “I have heard the answer of my parliamentary party to that question, and I accept that answer with good grace.”

Defending his short and tumultuous tenure, Starmer attempted to frame his departure as an act of ultimate patriotism rather than a capitulation to party infighting.

“Every decision I’ve taken has been about putting the country I love first. That is why I will resign as leader of the Labour party,” he said, adding: “I have spoken to his majesty the king this morning to inform him of my decision.”

The Prime Minister’s resignation was directly catalyzed by last week’s by-election victory of Andy Burnham in Makerfield. Burnham, the fiercely popular former Greater Manchester Mayor, has long loomed as the “King in the North” and the ultimate threat to Starmer’s sterile brand – according to many – of leadership. By securing a seat in the House of Commons, Burnham effectively checked Starmer into a corner.

With Burnham holding immense sway among rank-and-file MPs, the writing was on the wall. He now enters the upcoming leadership contest as the overwhelming frontrunner to be Britain’s next Prime Minister.

Tyler Durden
Mon, 06/22/2026 – 05:03

UK Government Plans To Force Social Media Giants To Boost BBC Content To ‘Fight Disinformation’

UK Government Plans To Force Social Media Giants To Boost BBC Content To ‘Fight Disinformation’

Authored by Steve Watson via Modernity News,

The UK government, under the apparently outgoing Prime Minister Keir Starmer, is advancing proposals that would require platforms like Facebook, YouTube and others to make BBC and other public service broadcaster content more prominent in users’ feeds.

Officials frame the move as essential to combat ‘disinformation,’ citing Ofcom data that social media serves as the main news source for 51% of adults and 75% of 16- to 24-year-olds.

Yes, they want to turn social media into a literal Ministry of Truth.

The plans form part of wider efforts to further restrict private media firms and follow directly on the heels of the controversial under-16s social media ban that has already strained relations with tech companies.

Public reaction has been swift and scathing. Journalist Allison Pearson did not hold back on the BBC’s own record:

Author and commentator Bernie drew a pointed historical parallel:

“In 1933, Goebbels argued that Germans needed protection from false information and dangerous ideas. In 2026, Starmer says that British people need protection from ‘disinformation’ and that social media platforms should prioritise BBC and state approved broadcaster content. The comparison is NOT that Britain is Nazi Germany. That is a lazy argument. The comparison is that Starmer’s government is pushing for more control over what citizens read, watch and think and that they claim it’s for our own good. You are not free if the State decided what news you are allowed to view. This is not the work of a government supporting democracy but one that Doesn’t trust its citizens to keep them in power.”

Reform UK supporter Chris Rose highlighted the core irony:

This UK initiative does not stand alone. Similar moves are advancing in lockstep across the continent as governments seek greater leverage over information flows.

Germany has pursued measures to force social media platforms to boost state-aligned content and sideline dissenting material under the banner of ‘public value.’

The EU’s Democracy Shield framework has drawn sharp criticism as a vehicle for mass censorship that effectively ends open discourse under the guise of protecting democracy.

In France, President Macron has pushed aggressive censorship proposals widely described as a Ministry of Truth power grab.

The pattern is unmistakable: governments leveraging regulatory power to privilege official or state-funded sources while algorithmically demoting alternatives.

The BBC prioritization scheme fits into a rapid succession of UK measures that collectively tighten state influence over digital space and public narrative.

The under-16s social media ban has been exposed as a monumental pretext for total digital surveillance infrastructure.

Telegram founder Pavel Durov warned that the policy represents the digital iceberg that could sink the free internet.

Separate reporting revealed the UK government maintains a dedicated ‘thought police’ unit aimed at controlling the mass migration narrative.

Further proposals would empower authorities to block ‘false information’ during crisis events, creating an official Ministry of Truth mechanism.

London Mayor Sadiq Khan has separately called for a government social media disinformation unit, adding another layer of official narrative enforcement.

Advocates insist elevating BBC content will help users encounter more ‘reliable’ information. The claim collapses under even cursory examination of the broadcaster’s recent track record.

The BBC has repeatedly been accused of sinking to new lows on accuracy and impartiality.

Its former news director stated that trans bias and progressive orthodoxy drove her departure.

Additional controversies include a high-profile fake news editing scandal that prompted a $10 billion lawsuit from President Trump.

Further examples involve portrayals of Islamic child slavery in Afghanistan as somehow necessary, biased handling of Islamist issues in Britain, and presenter conduct that drew sharp rebukes from figures like John Cleese.

Public sentiment on X reflects deep skepticism that the state broadcaster represents a credible bulwark against disinformation.

For now, there is a simple solution.

Of course, the government could, via it’s regulator Ofcom, simply mandate that these sources cannot be blocked and must be injected into people’s feeds. They could also employ a more subtle manipulation of the algorithm to ensure it happens, regardless of any blocking.

Mandating algorithmic favoritism for any single outlet, especially one with the BBC’s baggage, will not restore trust. Alternative platforms continue to grow, and Community Notes-style transparency tools already expose manipulation faster than official gatekeepers can suppress it.

Governments that distrust citizens to navigate information without state curation reveal more about their own insecurities than about any genuine disinformation crisis.

The free exchange of ideas, even uncomfortable ones, remains the only proven defense against real propaganda.

These latest European and British maneuvers represent the opposite impulse: centralized narrative control dressed up as public protection.

Citizens on both sides of the Atlantic have seen this playbook before and are increasingly unwilling to play along.

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

 

Tyler Durden
Mon, 06/22/2026 – 05:00

Israelis Are Livid Over Trump Ending War, Overwhelmingly Believe Iran Won: Poll

Israelis Are Livid Over Trump Ending War, Overwhelmingly Believe Iran Won: Poll

After roping President Trump into breaking a core campaign promise, watching the United States expend resources and risk American lives to attack Iran, and then watching Trump take steps to end the war via MOU – Israelis are livid because the US didn’t commit to full-on decimation to celebrate America’s 250th, and say Iran came out ahead

According to a survey conducted by the Hebrew University of Jerusalem in partnership with the Agam Institute, 92.1% of Israelis believe Iran came out ahead in the conflict and the US-brokered deal that followed.

Even among voters loyal to Prime Minister Benjamin Netanyahu’s conservative bloc, 93.1% said Iran won. 82.9% of respondents said the six-week military campaign against Iran left Israel’s long-term security weaker, not stronger. Another 86% hold a negative view of both the way the fighting ended and the way Washington negotiated the subsequent deal without meaningful Israeli input. Nearly 88% of Israelis believe their country either fell short of its war aims entirely or achieved only partial success, despite the stated objectives being nothing less than dismantling Iran’s nuclear program, neutering its missile arsenal, and toppling the regime in Tehran. Those were the goals. None of them, by the public’s own assessment, were fully met.

Netanyahu has tried to project confidence in the signing of the Memorandum of Understanding anyway. At a press conference Monday, he insisted Iran will never possess nuclear weapons “as long as I am prime minister of Israel.” As we noted on Tuesdayhardline Israeli politicians are livid over the Iran deal, and want Netanyahu out so they can do ‘real regime change.’

(Abir Sultan/POOL/AFP via Getty Images)

“With an agreement or without an agreement, Iran will not have nuclear weapons – not today and not tomorrow,” he said, calling the mission his “life’s mission.” He has also maintained that the nuclear threat from Iran was an “immediate danger” that Israel removed “together with our American friends.”

Either way, Israelis aren’t buying it. 72.5% of respondents reject Netanyahu’s claim that Israel secured major gains and eliminated an existential threat. Only 26.5% rate his handling of the war as “good” or “excellent,” while 56.4% call it “failed” or “poor.” His personal approval as prime minister has collapsed from 40.5% in early March to 29.4% in June, a fifteen-point swing in roughly three months.

And of course, there’s Trump… with 69.1% of respondents rated his handling of the war and the resulting deal as “failed” or “poor,” against just 10.8% who called it “good” or “excellent.” Quite the change in sentiment from his 2024 election win…

A billboard showing U.S. President-elect Donald Trump is projected a day after the U.S. election in Tel Aviv, Israel, Nov. 6, 2024. (Oded Balilty/AP)

Despite the widespread belief that the Iran campaign backfired, 48.2% of Israelis say their country should renew major military action against Hezbollah, including strikes in Beirut, even if that means clashing with Trump, who has made clear he wants the fighting in Lebanon to stop. Only 20.9% oppose that course, with the remaining 30.9% undecided. Israelis appear simultaneously convinced the last war was mishandled and eager for the next one. 

Just 12.2% of respondents believe Israel achieved most of the stated goals against Hamas and Hezbollah following the October 7, 2023 attacks while 61.3% say Israel achieved none of them, and 26.5% say only some were met.

Across the Atlantic, the reception looks entirely different. A Quantus national poll of 1,000 likely US voters found 43% strongly approve and another 13% somewhat approve of the preliminary US-Iran Memorandum of Understanding. Combined disapproval sits at just 13%.

The Trump administration has been trying to respond to criticism of the deal, while Israeli cabinet members are talking mad shit about Trump – to the point where VP JD Vance came very close to asking if they’ve even said ‘pwease’ or ‘thank you.’ 

Vance defended the MOU during Thursday’s White House briefing, pushing back on what he said was misleading media coverage. “The simple fact is that the only way the Iranians get any of those resources – not a single penny, by the way, from the United States of America under any circumstances – but the only way that they would ever get any benefit of the bargain is if they comply fully, and change their behavior,” Vance said of Iran, adding that Tehran’s military and nuclear program “is still destroyed” if Iran refuses to change course. He also said that compliance would bring “a transformative relationship with the Middle East.”

The Hebrew University-Agam Institute survey was conducted June 17–20, using a weighted sample of 3,644 Israelis aged 17 and over, designed to reflect the broader population, and has a maximum sampling error of just 2.2% at a 99% confidence level. 

Maybe they’ll just keep attacking Lebanon to scuttle the peace deal? 

Tyler Durden
Mon, 06/22/2026 – 04:15

Massive 2,000-Year-Old Luxurious Roman Bathhouse Uncovered In The Netherlands

Massive 2,000-Year-Old Luxurious Roman Bathhouse Uncovered In The Netherlands

Authored by Maria Mocerino via Interesting Engineering,

The largest Roman bathhouse complex ever discovered in the Netherlands has surfaced, shedding new light on the wealth and importance of the ancient Roman city of Ulpia Noviomagus.

Roman bathhouse complex.Nijmegen

Researchers from the archaeological firms RAAP and BAAC were conducting routine investigations in Nijmegen’s Waalfront district, a site slated for new residential development. The excavation, which began in September of last year and will conclude in July, uncovered a public bathhouse, residential blocks, luxury townhouses, streets, and a tower dating back nearly 2,000 years.

“For years, the traces of the Roman past at this location were invisible, hidden deep underground. Now that we are realizing a new living environment here, the past has become visible,” said Joost Mulder, BPD’s Regional Director for the North-East & Central region, in a press release.

The bathhouse complex, or thermae, covered at least 4,900 square meters, making it the second-largest excavated Roman public bath complex in the Netherlands. Despite centuries of stone removal and reuse following the Roman period, parts of the structure remain exceptionally well-preserved.

Roman history unearthed

The size of the complex reflects the importance of Ulpia Noviomagus – the Roman city that once stood here – which is believed to have received its official status from Emperor Trajan around 100 AD. The discoveries suggest that this area of the city remained active well into the third century AD.

The bathhouse was richly decorated. Its interior walls were clad in marble. The floors were laid with black-and-white limestone tiles. Other rooms featured colorful, painted plaster. Decorative limestone and sandstone moldings adorned the building’s facades, while columns made from the same materials enhanced its splendor.

Archaeologists also uncovered extensive drainage systems, flooring, and a hypocaust – a sophisticated Roman underfloor heating system supported by brick pillars. This technology circulated hot air beneath a raised floor, as per Archaeology News. Two stone foundations survive to a height of nearly two meters, making them some of the best-preserved examples of Roman masonry in Nijmegen.

Tens of thousands of artifacts recovered from the site point to the affluent lifestyle that residents enjoyed during the second and third centuries AD.

Among the discoveries are bronze statue fragments, signet rings, a necklace with a gold clasp, coins, and hundreds of bone hairpins used in elaborate Roman hairstyles. Notably, two of the hairpins featured remarkable carvings of cats – one seated and one standing.

However, a bronze bust depicting Bacchus, the Roman god of wine, stood out the most to archaeologists. They believe the object originally formed part of a pitcher or a piece of furniture before later being adapted for use on a weighing scale.

Archaeologists also recovered numerous coins from the reign of Emperor Postumus, who ruled between 260 and 269 AD, providing rare evidence of continued occupation during a relatively poorly documented period.

Integrating the past into the future

Developers and city officials plan to integrate the site’s Roman heritage into the future neighborhood, added Archaeology News.

The link to the past will remain visible in the future as well. For instance, a number of residential buildings will feature a covered walking area with rows of columns. A colonnade just like in Roman times. And developers plan to call the green square in the heart of the area, inspired by the floor plan of the bathhouse complex, Thermenplein. A direct reference to the Roman meeting place that was here some 2,000 years ago,” concludes the press release.

Roman bone hairpins found in Nijmegen. Credit: Municipality of Nijmegen / BAAC / RAAP

Tyler Durden
Mon, 06/22/2026 – 03:30

Fuel Sales Abruptly Halted For Crimean Population As Ukrainian Drones Wreak Havoc

Fuel Sales Abruptly Halted For Crimean Population As Ukrainian Drones Wreak Havoc

A wave of relentless Sunday drone attacks out of Ukraine on Crimea has resulted in a regional cut off to civilian access to fuel, in another sign that UAV attacks on Russian territory are having serious effect.

Four people were killed in the series of drone strikes on energy and transport infrastructure in the Russian-controlled peninsula, including attacks near Kerch, a key eastern Crimean port city which is a major energy logistics hub.

Reuters/BBC: “Cars queue at a petrol station on the peninsula in early June amid already restricted fuel sales.”

“As a result of the enemy’s drone attack on the Kerch Peninsula, unfortunately, there are casualties among the civilian population,” Crimean Governor Sergey Aksyonov announced.

“According to the latest information, four people were killed, 28 were wounded,” he added.

And he also confirmed the fuel crisis for the whole region, saying, “Today, June 21, starting from 09:00 am, fuel sales at Crimean petrol stations have been suspended” – though he added that fuel would only be sold to state enterprises.

He made clear in a Telegram post that starting Sunday morning local time gas stations across the peninsula would stop selling fuel to individuals and businesses. All cash, card and fuel coupons were immediately halted.

Ukraine’s President Zelensky boasted of the attacks, stating on social media that “Facilities on both sides of the Crimean Bridge were hit: maritime logistics used to transport oil in the Krasnodar region and an oil depot in temporarily occupied Kerch.”

“In addition, military logistics facilities were successfully struck, along with four radar stations belonging to S-400 systems and two Pantsir systems,” he wrote.

Crimean governor Aksyonov had also announced that “Further decisions regarding the current situation in the republic’s fuel market will be announced at a later date.”

BBC has separately reported that Kiev “hit a logistics facility for oil transportation in Russia’s Krasnodar region, which lies adjacent to Crimea across the Kerch Strait. Local authorities said one person had been killed on a passenger ferry.”

Saturday saw a long-range Ukrainian drone attack on an oil refinery in Russia’s Tyumen region, which lies over 1,200 miles from the front lines of fighting – a significant reach and first of the war. It demonstrates that Russian anti-air defenses have struggled to intercept small, low-flying UAVs. Hundreds were sent against Crimea on Sunday.

Tyler Durden
Mon, 06/22/2026 – 02:45

This Is The Funniest Thing Ever…

This Is The Funniest Thing Ever…

Authored by Steve Watson via Modernity News,

Leftists in the EU who spent years blocking real border enforcement are now whining about a victory party after conservatives pushed through a motion to create powerful tools to remove illegal migrants.

The chamber could not stop laughing. A ‘Renew Europe’ MEP aligned with French President Emmanuel Macron stood up and demanded punishment for conservative MEPs who gathered on the European Parliament roof, drank heavily, and celebrated the passage of the bloc’s toughest-ever deportation reforms.

The presiding officer brushed it off and The room roared with amusement.

This outburst came days after the European Parliament voted 418 to 218, with 30 abstentions, to approve the new Return Regulation.

Conservative and sovereignist MEPs from the EPP, ECR, Patriots for Europe, and Europe of Sovereign Nations groups supplied the decisive majority.

The measure updates the hopelessly outdated 2008 rules and gives member states real power to enforce removals.

In our earlier video we highlighted the immediate leftist reaction inside the chamber: chants of ‘Shame on you’ from leftists with chants of ‘Send them back’ in response from conservatives.

Now they are complaining about a rooftop toast. The contrast could not be clearer. One side delivers results for citizens who have endured years of unchecked arrivals, crime, and welfare strain. The other side throws procedural tantrums and pretends a private celebration violates parliamentary decorum.

The regulation makes deportation orders issued in one member state valid across the entire EU.

It extends maximum detention periods for those who refuse to leave, removes automatic suspensive effect on appeals in many cases, doubles entry bans to ten years (lifetime for security threats), and allows member states to conclude agreements with third countries for ‘return hubs’ where rejected migrants can be processed and removed without remaining inside EU territory.

Non-cooperating origin countries face visa restrictions, aid cuts, and trade measures – the same leverage the Trump administration successfully deployed.

Italian Prime Minister Giorgia Meloni welcomed the outcome as validation of the model she pioneered with Albania.

‘We promised Italians we would change Europe, and we did it, with courage, patience, and determination,’ she said.

Meloni added, ‘This innovative solution has been resisted at every turn by the Italian and European left, but thanks to this government, it has now become a tool available to the whole of Europe.’

MEP Marieke Ehlers of the Patriots for Europe group stated ‘This regulation puts the obligation exactly where it belongs: on the illegal migrant… The days of pampering are over. You have no right to stay, which means you have one simple obligation: pack your bags and leave our territory.’

She added that the text hands real power back to national capitals: ‘We are taking back control… Almost all provisions give Member States the freedom to go further.’

French EPP negotiator François-Xavier Bellamy called it the end of decades of failure. ‘After decades of failure and years of deadlock, Europe is ending its powerlessness in the face of illegal immigration. No one can claim any longer that Europe has no tools to act. The rules are now in place. The responsibility lies with governments to use them.’

French President Emmanuel Macron quickly distanced himself at the EU summit in Brussels. He declared that France would neither participate in nor fund third-country return hubs, calling the approach ineffective and contrary to French principles.

The same Macron who lectures others on European values now refuses to use the very instruments his own parliament helped create. The gap between rhetoric and reality on migration has never been wider.

Globalist pushback has already been initiated as the United Nations voiced concerns that the new return hubs could violate human rights standards.

Critics on the left and in international organisations frame any effective removal policy as inherently cruel, even as European cities continue to absorb the costs of failed integration and repeated criminal acts by rejected or illegal migrants.

For years globalist voices insisted that mass low-skilled migration was inevitable, economically necessary, and morally superior.

They dismantled internal borders, expanded asylum loopholes, and attacked any leader who tried to enforce existing law. Return rates stayed dismal. Criminal networks thrived. Public trust collapsed.

Conservative MEPs simply used their growing numbers to force an update that reflects what citizens have demanded for a decade.

The left’s response – procedural complaints, accusations of misconduct over a private celebration, and renewed warnings from the UN – reveals the same refusal to accept democratic outcomes that has defined the migration debate from the start.

The laughter in the chamber was not just amusement at a thin-skinned complaint. It was recognition that the excuses have run out.

Europe now possesses the legal tools to remove those with no right to remain. Whether national governments use them remains to be seen, but the parliamentary majority has shifted decisively toward enforcement.

The same forces that once sneered at ‘Send them back’ as fringe bigotry are watching their own colleagues chant it on the floor. The Overton window did not shift incidentally. It moved because voters across the continent grew tired of policies that prioritised arrivals over safety and sovereignty.

Europe’s conservative MEPs just proved that when they coordinate, they can deliver. The left can keep filing ethics complaints about rooftop drinks. The rest of the continent is focused on results.

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Tyler Durden
Mon, 06/22/2026 – 02:00

Peter Thiel’s Secret Society Leak Creates A Perfect Target List For Espionage, Influence Operations, And Blackmail

Peter Thiel’s Secret Society Leak Creates A Perfect Target List For Espionage, Influence Operations, And Blackmail

Authored by Pierluigi Paganini via Security Affairs,

Dialog, a private invitation-only organization cofounded in 2006 by billionaire tech investor Peter Thiel, has spent two decades refusing to disclose its membership.

That position became harder to maintain last week when Swiss hacktivist maia arson crimew, known for exposing the US government’s No Fly List, found an open directory embedded in the source code of dialog.org that was visible to anyone who viewed the page. WIRED independently verified the contents and obtained the registration list for Dialog’s 2026 retreat, scheduled for August 12-16 near Dublin, Ireland.

A trove of internal records from a secret society for powerful figures in US politics, finance, and tech was left exposed online, WIRED has confirmed, naming participants in its events and revealing sensitive personal details they were assured would stay private,” reported Wired. “The group, called Dialog, is a private, invitation-only organization cofounded in 2006 by the billionaire tech investor Peter Thiel. It convenes US officials, foreign government figures, and Silicon Valley executives at off-the-record annual retreats.”

The 2026 list names 222 registrants, 87 of them first-time attendees. Others have histories stretching back more than a decade, a handful to the founding itself. None used a government email address, placing their attendance outside public records laws.

The roster is not a list of adjacent power. It’s power in direct regulatory relationship with itself. Treasury Secretary Scott Bessent appears alongside Auren Hoffman, Dialog’s chairman, who founded location-data broker SafeGraph and identity-resolution firm LiveRamp. Senator Ted Cruz, who chairs the committee overseeing the FTC and its data-privacy authority, is listed in the same directory. Palantir cofounder Joe Lonsdale, whose software runs case management for ICE and data fusion for the Pentagon, appears alongside Army Secretary Dan Driscoll and Representative Jim Himes, ranking member of the House Intelligence Committee, which oversees agencies Palantir contracts with.

Forbes confirmed additional members including investor Marc Andreessen and investor and former Facebook board member Jim Breyer.

General Alexus Grynkewich, NATO’s supreme allied commander Europe and head of US European Command, is recorded as having attended Dialog gatherings since 2021.

The session agenda for the 2026 retreat includes “Navigating WWIII,” “Battlefield Technologies,” “Bring Back Nuclear,” and “Build-a-Cult,” the last moderated by the founder of the Christian networking site Pray.com. There’s also “How’s Your Sex Life?” which presumably has a different moderator.

“The website directory names sitting Trump administration officials, two US senators, six members of the Paypal Mafia, a former Middle East chief of intelligence, and a sitting ambassador to the United States, along with the founders and directors of many of the country’s largest surveillance, data-broker, and advertising-data companies.” Wired continues.

The leaked registration list adds names not in the public directory of 113: Randy Kroszner, former Federal Reserve governor now on the Bank of England’s Financial Policy Committee; Jonathan Greenblatt, CEO of the Anti-Defamation League; Ryan Stowers, executive director of the Charles Koch Foundation; Roger Myerson, Nobel laureate economist; and a cluster of Google and Google DeepMind executives including Tom Lue, who leads global affairs for the frontier AI division.

The data breach is structurally embarrassing because it was entirely avoidable. The directory was served to any visitor who viewed the page’s source code. A separate Dialog page at app.dialog.org presents a sign-in screen with no terms of service, no indication the application is restricted, and no invitation requirement. The records sat in Airtable, a commercial database, and included for each participant their membership status, every retreat attended, biography, home city, and a private access token functioning as a login credential.

Dialog also runs a matchmaking service. Its registration form asks whether participants are “looking for love” and offers to include single respondents in “future matchmaking.” A separate site at dating.dialog.org hosts an app pitched as “meaningful connections for exceptional people.” The form also collects each registrant’s political leaning, which Dialog promised would never be shared.

“That data, and the matchmaking responses, were exposed in the leak.” concludes Wired.

The data collected by Dialog could be valuable for criminals or intelligence agencies because it reveals personal vulnerabilities, relationship status, political views, and access to influential networks. Such information can support targeted phishing, social engineering, honey-trap operations, blackmail, or influence campaigns. The risk is amplified because participants are often members of the global elite, making them attractive intelligence targets. Many may be highly accomplished in their fields but still willing to share sensitive personal details in trusted environments, creating opportunities for manipulation and exploitation.

An internal guide for event moderators, also found in the exposed directory, instructs them to remind participants that everything is off the record, keep comments concise and “nonobvious,” and model brief introductions to “avoid status signaling” in a room full of senators, dignitaries, and tycoons. The discipline imposed on members apparently didn’t extend to basic website security.

Tyler Durden
Sun, 06/21/2026 – 23:20